Kao Co. (OTCMKTS:KAOOY – Get Free Report) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 202,996 shares, a growth of 77.1% from the May 31st total of 114,604 shares. Based on an average daily volume of 540,066 shares, the short-interest ratio is currently 0.4 days.
KAO Price Performance
OTCMKTS KAOOY opened at $6.75 on Friday. KAO has a 12-month low of $5.46 and a 12-month high of $8.08. The firm has a 50-day moving average price of $7.48 and a two-hundred day moving average price of $7.80.
About KAO
Founded in 1887 with its roots in soap manufacturing, KAO Corporation has evolved into a global consumer goods and specialty chemicals company headquartered in Tokyo. The company develops, manufactures and markets a broad portfolio of products spanning personal care, skin care, hair care, cosmetics, toiletries and fabric and home care. Well-known brands include Bioré in facial cleansing, Jergens in body lotions, John Frieda in hair care and Attack in laundry detergents.
In addition to consumer products, KAO operates a chemicals division that develops functional materials and specialty chemicals for industrial customers.
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